Dangelo Foundation

Analysis

Dangelo Foundation is a registered charity in United States, based in Southampton, PA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dangelo Foundation reported income of $50k and spending of $87k, spending 173% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $50k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Dangelo Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Constance Foundation Inc ($50k), Santa Ana Police Officers Widows & Orphans Fund ($50k) and Caring in Our Lifetime ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $93k, net assets of $1,971.